1 (en) The structural deficit is Select one: a.directly attributable to the behavior of the economy. b.not directly attributable to the behavior of the economy. c. the result of decisions policymakers have made about the tax rates, the level of government spending, and benefit levels for transfer programs d. Both b) and c). Clear my choiceAutomatic fiscal stabilizers Select one: a.keep the federal budget balanced. b.help to reduce the severity of recessions and inflationary boom periods. c. will cause tax revenues to rise in periods of recession. d.keep the federal high employment budget balanced Clear my choiceQ Suppose that the MPC out of disposable income was 0.8 and the marginal tax rate was 0.25 for a given economy. In this case, the value of the tax multiplier in the simple Keynesian model would be Select one: a.2 b.2.5 c. 2 d 1I INTERMEDIATE MACROECONOMICS II CON 2311 SEM1 / ECON 2311 COURSE ASSESSMENTS / ECON 2311 Quiz 3 Assuming an decrease in money demand, then to keep interest rates constant the Fed must Select one: a.keep the money supply constant. b.conduct an open market sale of bonds c.reduce the required ratio d.both b and c. e None of the above unpredictable